In Depth

Controversial
PYMNTS Talks Back (About Whether US Payments Is Behind)
July 19, 2014

When FT columnist John Gapper took the US payments system to task, it prompted MPD CEO Karen Webster to point out all of the goodness and innovation that the US Payments system has spawned. She also blew a hole in several of the UK payments...

Financial Inclusion
Volvo And Telogis Partnership Could Move Fleet Managers To Spend Smarter
July 18, 2014

“Trucks run on fuel, trucking companies run on data,” is the motto of a new partnership between Telogis and Volvo. The goal is to show how a strong fleet software-management system can reduce spend while keeping drivers in control.

In Depth
Why U.S. Bank Is Banking on Mobile Payments To Drive Revenues
July 18, 2014

Banks have taken some big hits on the fee income side over the last several years, and are trying to find ways to fill the gap. U.S. Bank’s CEO believes mobile payments are the answer. But why?

Exclusive Series
Ditching the mPOS Dongle
July 18, 2014

With hundreds of mPOS players in the market, it’s getting harder and harder to tell them apart. Well, except if you’re Flint. They’ve ditched the dongle and use smartphone cameras to turn any phone into a card accepting device. What’s the inspiration behind their mPOS...

B2B Payments
The ATM Network Of The B2B Payments Space
July 18, 2014

Billtrust has provided outsourced B2B billing and payments services for suppliers for years. But their recent acquisition of Open Scan will enable much more – the ability to route payments to any method of payment. Billtrust founder and CEO Flint Lane told MPD CEO Karen...

B2B Payments
Why More Isn’t Always Better In The B2B Payments Biz
July 17, 2014

Analysis/Paralysis. That’s what happens when businesses are presented with a portfolio of tools to solve their billing and payments problems. In fact, Eric Remer, founder and CEO of PaySimple says that their 8 years in serving this market has found it’s actually one of the...

Controversial
PayPal’s Gains Lead eBay’s Q2 Growth
July 17, 2014

eBay’s Q2 2014 results are out. PayPal was the standout player for the e-retailer with 4 million new active users, a 20 percent increase in annual revenue and an almost 30 percent annual increase payment volume growth. The rest of quarter for eBay? The company...

Cool
Lawmakers Push Back On Operation Choke Point
July 17, 2014

Justice Department representatives and bank regulators got a scolding Tuesday as a House Financial Services Subcommittee grilled them on Operation Choke Point. They defended the crackdown as necessary for consumers; but some Members of Congress really begged to differ.

B2B Payments
Study: Travel Managers Hesitant To Adopt Mobile Payments
July 17, 2014

With the mobile payments trend sweeping across the B2B world, it seems surprising there might still be some holdouts. But there are and they are in the enterprise space. A recent study found that travel managers could care less about using mobile payments, contactless cards...